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Originally Posted by Danzig
all too true that most of the increases yearly are due to rising medical costs overall, but it's also true that there is an estimated 4% increase due to the new law.
besides, lifetime caps being removed as well as removing rules regarding pre-existing conditions will cause rising costs to insurance companies, who will pass that on to their customers. does anyone really think that these companies will accept a lower bottom line, that they'll choose to absorb these costs? yeah, right.
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Yeah, I've heard about 4-10%, too. We won't see the entire benefit until everything has been in place for a couple years, which will be 2016 or so.